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Home Technology

Quantum AI, the next big thing in AI evolution

FutureCIO Editors by FutureCIO Editors
November 24, 2023
Image by Gerd Altmann from Pixabay

Image by Gerd Altmann from Pixabay

Quantum AI will be the world’s next big thing in AI development according to the Tech Foresights model of GlobalData. The technology logs a 14% 3-year CAGR increase in patent filings from 2020 to 2022 and is dynamically evolving.

Transformative advancement

“Quantum AI represents a transformative advancement in technology. As we integrate quantum principles into AI algorithms, the potential for speed and efficiency in processing complex data sets grows exponentially. This not only enhances the current AI applications but also opens new possibilities across various industries. The significant rise in patent filings is a testament to its growing importance and the key role it will play in the future of AI-driven solutions,” Adarsh Jain, director of financial markets at GlobalData, said.

Kiran Raj

Kiran Raj, practice head of disruptive tech at GlobalData, adds, “AI thrives on large amounts of data and computational power, but the inner workings of the technology often remain unclear. Quantum computing promises to offer not only more power but also potentially greater insights into these workings. This leads us to a future where AI can do more than just process data. It can create and innovate in ways we are just starting to explore.”

Cautions

Raj added that Quantum AI offers the potential for smarter, faster AI systems. However, because of its complexity, and it is still in its early stages, adopting it needs caution. It still requires significant investment and expertise, and advanced cybersecurity measures. Raj said that ethical AI practices should be ensured “as we navigate this promising yet intricate landscape."

GlobalData's Tech Foresights model is a data-driven, predictive innovation intelligence model that leverages multiple forward-looking indicators to decode future disruptions today.

Related:  AI drives edtech market growth by USD 170.8 billion by 2029
Tags: Artificial IntelligenceGlobalDataQuantum AI
FutureCIO Editors

FutureCIO Editors

Strategic Insights for Chief Information Officers

FutureCIO is about enabling the CIO, his team, the leadership and the enterprise through shared expertise, know-how and experience - through a community of shared interests and goals. It is also about discovering unknown best practices that will help realize new business models.

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